CRUDE OIL

West Texas Intermediate crude fell for a third day after a
report showed money managers cut their bets prices will rise.
Libya halted some oil production and natural gas shipments amid
fighting.

WTI for April delivery fell as much as 47 cents to $90.21 a
barrel in electronic trading on the New York Mercantile
Exchange. It was at $90.28 at 3:40 p.m. Singapore time. The
volume of all futures traded was 29 percent above the 100-day
average. The contract slid 1.5 percent to $90.68 on March 1, the
lowest close since Dec. 24. Prices declined 2.6 percent last
week for a second weekly drop and are down 1.7 percent this
year.

Brent for April settlement slid 18 cents to $110.22 a
barrel on the London-based ICE Futures Europe exchange. The
volume of all futures traded was 62 percent higher than the 100-day average. The European benchmark grade was at a premium of
$19.94 to WTI futures, from $19.72 on March 1.

• Light Distillates
• Singapore naphtha’s discount to London Brent crude widens 8
cents to $5.27/bbl as of 12 p.m. Singapore time, according to
data compiled by Bloomberg
• April Japan naphtha swaps up $3.39 at $913.57/mt
• April East-West naphtha spread up $3.61 at $15.02/mt

BASE METALS

Copper declined for a third day as China called for
measures to cool property prices, curbing demand prospects for
industrial metals. Aluminum fell for an 11th day, the longest
losing streak since June.

Copper for delivery in three months slid as much as 0.4
percent to $7,670 a metric ton on the London Metal Exchange and
was at $7,701.75 at 3:56 p.m. in Tokyo. The metal touched $7,652
on March 1, the lowest since Nov. 19, and dropped 1.3 percent
last week.

PRECIOUS METALS

Gold rebounded from a one-week low on speculation that
stimulus by central banks around the world will be maintained as
economic data signaled the global recovery may be losing
momentum. Silver advanced for a second day.

Spot gold rose as much as 0.6 percent to $1,585.02 an
ounce, and traded at $1,578.73 at 3 p.m. in Singapore, snapping
a three-day loss. The metal dropped to $1,564.88 on March 1, the
lowest price since Feb. 21, as a strengthening dollar helped to
curb demand. Bullion fell for a fifth month in February, the
longest run of declines since 1997, after investors cut
exchange-traded products holdings by the most since April 2008.

GRAINS, OILSEEDS, SOFT COMMODITIES

Wheat snapped a four-day rally after a survey showed
reserves in the U.S., the biggest exporter, may be larger than a
government forecast.

The contract for May delivery lost as much as 0.7 percent
to $7.155 a bushel on the Chicago Board of Trade and was at
$7.1625 by 4:04 p.m. Singapore time. Futures gained 2.2 percent
in the past four sessions as importers boosted purchases of U.S.
supplies and on speculation that demand will climb after spot
prices became cheaper than corn.

Soybeans for May delivery was little changed at $14.44 a
bushel. Futures earlier climbed 0.6 percent. Corn for May
delivery was little changed at $7.095 a bushel.

Rubber declined to the lowest level in more than two months
amid concern that demand may weaken from China, the largest
consumer, after the government called for more measures to cool
property prices.

The contract for delivery in August fell 0.1 percent to
283.9 yen a kilogram ($3,039 a metric ton), the lowest close for
the most-active contract since Dec. 20, extending this year’s
losses to 6.2 percent.

Palm oil climbed for the first time in nine days on
speculation that the worst losing streak since 2006 may stoke
demand, cutting reserves in Indonesia and Malaysia, the world’s
biggest producers.

The contract for May delivery climbed as much as 1.3
percent to 2,399 ringgit ($773) a metric ton on the Malaysia
Derivatives Exchange, and was at 2,392 ringgit at 11:48 a.m. in
Kuala Lumpur. Futures tumbled 6.6 percent last week.